Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.
NYDFS proposals following the Twitter hack are a warning to everyone using centrally controlled "designated" platforms.
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
The New York Department of Financial Services expects all firms, including virtual currency businesses, to start assessing climate change-associated financial risks.
The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.
The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state.